The International Financial Reporting Standards (IFRS), issued by the International Accounting Standard Board (IASB), are becoming the global accounting standard for how companies prepare financial statements.

The progress towards the goal of a global language for financial reporting is no longer a vision of the IASB. It is reality. Approximately 126 countries require the use of IFRS Standards by public companies, while most other jurisdictions permit the use of IFRS Standards in at least some circumstances.

The IFRS Certificate Programme gives participants the skills to compete effectively in today’s global business environment. A grounding in IFRS will distinguish participants from other accounting and finance professionals and expand their global career opportunities.

Topics discussed:

• Fundamental principles of IFRS
• Overview of IFRS definitions and concepts
• Latest standards and amendments issued by the IASB

Modules include:

• IFRS: The Starting Point (IFRS 1)
• IFRS: Business Combinations (IFRS 3)
• IFRS: Earnings Per Share (IAS 33)
• IFRS: Fair Value Measurement (IFRS 13)
• IFRS: Financial Instruments (IFRS 9, IAS 39, IAS 31, and IFRS 7)
• IFRS: Financial Statements, Interim Reporting, and Cash Flows (IAS 1, IAS 34, and IAS 7)
• IFRS: Financial System Considerations in IFRS
• IFRS: The Effects of Changes in Foreign Exchange Rates
• IFRS: Governance and Conceptual Framework
• IFRS: Impairment of Non-Financial Assets (IAS 36)
• IFRS: Income Taxes (IAS 12)
• IFRS: Intangible Assets (IAS 38)
• IFRS: Inventories (IAS 2)
• IFRS: Investment Property (IAS 40)
• IFRS: Investments in Associates and Joint Arrangements (IAS 28 and IFRS 11)
• IFRS: Leases (IAS 17)
• IFRS: Liabilities, Provisions, and Contingencies (IAS 37)
• IFRS: Non-current Assets Held for Sale and Discontinued Operations (IFRS 5)
• IFRS: Policies, Changes, Errors; Events After Reporting Date; Related Parties (IAS 8, 10, and 24)
• IFRS: Property, Plant & Equipment (IAS 16)
• IFRS: Revenue Recognition (IAS 18 and IAS 11)
• IFRS: Segment Reporting (IFRS 8)
• IFRS: Separate and Consolidated Financial Statements (IFRS 10 & IAS 27)
• IFRS: Share-based Payments and Employee Benefits, non-pensions (IFRS 2 and IAS 19)
• IFRS: Tax Considerations Beyond IAS 12